Hi, NewsWrap for August 17, 2022

17-August-2022: ICAR-IIMR, PM Kisan Yojana, UAE News, Aquaconnect, Sid's Farm, Bharat Certis AgriScience

17 August 2022

  • Cabinet approves Interest subvention of 1.5% per annum on Short Term Agricultural Loan

    The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has agreed to reinstate the 1.5% interest subsidy on short-term agricultural loans for all financial institutions. Thus, for the fiscal years 2022-23 to 2024-25, lending institutions (public sector banks, private sector banks, small finance banks, regional rural banks, cooperative banks, and computerised PACS directly ceded with commercial banks) will receive an interest subsidy of 1.5% for lending short term agri-loans up to Rs 3 lakh to farmers.

  • UAE Plans to Adopt Hydroponics to Produce Feed For its Livestock

    Aiming to reduce dependency on imports and safeguard itself from interruptions to global supply chains, the UAE is adopting vertical hydroponics method to produce food for local livestock. Abu Dhabi-based start-up World of Farming is all set to begin on-site operations at local farms later this year.

  • PM Kisan Yojana: Big Updates on e-KYC Deadline and 12th Installment

    The government has once again extended the deadline for completing e-KYC under PM Kisan Samman Nidhi Yojana. Now farmers can complete the e-KYC till 31 August 2022. It must be noted that farmers who do not follow the guidelines will not be given the upcoming installment of Rs. 2000 under the scheme. Hence this is the last chance for farmers who haven’t completed the PM Kisan e-KYC.

  • Maharashtra Govt. Announces Financial Help for Farmers Affected Due to Floods and Heavy rainfall

    On Tuesday Maharashtra Chief Minister, Eknath Sindhe announced a Rs.13,600 per hectare financial help for farmers affected due to the recent floods and heavy rainfall in the State. Shinde said that "Deputy chief minister (Devendra Fadnavis) and I personally went to Gadchiroli to see the farmers and support them." He said that the weather was so bad that they chose to travel by road when the helicopter's pilot refused to fly it there.

  • ICAR-IIMR Sets up Millet-Processing Unit for Farmers, FPOs

    The ICAR-Indian Institute of Millets Research (IIMR), Hyderabad is helping in the promotion of millets through Farmer Producer Organizations (FPOs) and doubling farmers' income taking into consideration the International Year of Millets- 2023. IIMR is acting as a Cluster Based Business Organization (CBBO) for the promotion as well as handholding of 33 Millets Farmer Producer Organizations (FPOs) in 4 states i.e., Madhya Pradesh, Andhra Pradesh, Karnataka, and Telangana to implement its “Millets FPO Model”.

  • Aquaconnect to Participate at 5th Edition of Paris Peace Forum 2022

    Aquaconnect, a technology-driven full-stack aquaculture inputs and outputs platform with embedded fintech and a physical distribution network, announced today that it has been chosen to present its solutions at the fifth edition of the Paris Peace Forum 2022. The platform will allow the participants to present their projects and discuss their contributions in their respective fields. Focusing on preserving global cooperation, the forum will also give them the opportunity to share their views on the issues in global governance and how they are addressing the same. 

  • Sid’s Farm Launches A2 Desi Cow Milk

    On the auspicious occasion of India's 75th Independence Day, Sid's Farm, a premium D2C dairy brand based in Telangana, has launched A2 Desi Cow Milk for its customers in Hyderabad. Due to high customer demand for A2 milk, the company made pre-booking available, and they received an overwhelming response within the first 6 hours of pre-booking, with over 400+ customers pre-booking for more than 350 ltrs.

  • Dharmesh Gupta, MD, Bharat Certis AgriScience Discusses Climate Change, Drone Technology at KJ Choupal

    “Climate change is real and we are witnessing this horror every year as records keep breaking. Global warming is affecting agricultural productivity very negatively and we need to come together and work towards improving it. For its part, Bharat Certis is doing its best to reduce the abiotic and biotic stress in the crops. We have launched certain products for stress management in crops, and we are also discussing further advancing our technology with the Mitsui company,” said Dharmesh Gupta, MD of Bharat Certis AgriScience Ltd. 

On the news

17 August 2022

That's it for for 17 August 2022
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